Answer:
<u>price of the average transaction multiplied by the number of transactions must double</u>
Explanation:
This follows the principle of the Quantity theory of money. Thus according to this theory when the rate of change of the transactions of money in an economy has remain constant or unchanged, while the supply of increases twice as before it will result in a situation where;
the price of the average transaction multiplied by the number of transactions must double because of increase supply of money.
This simply implies that the more money in circulation, the more the price of goods and services in an economy.
Answer: get a lil side job a save until you have enough
Explanation:
Answer:
A. The two sided specification process capability index is 1.47
Explanation:
The formula for calculating process capability index is :
( Upper specification Limit - Average of mean ) / 3 * Standard Deviation
CI = ( 22 - 19.8 ) / 3 * 0.5
CI = 1.47 approximately.
<span>An entrepreneur does not have to share any profits with an employer would be an example of the Economic incentive.
In general, many corporations set up a regulation for its employees who want to open up a business, in which that they're allowed to do it under their employmment as long as they share a percentage of the profit for the company. If this regulations are gone, the entrepreneur would obtain more profit.</span>
Answer:
a. 0.223
Explanation:
Calculation for the Probability that after one employee arrives, the next one will arrive at least 3 minutes
Since no one comes in 3 minutes,hence:
3minutes/60 =1/20 hours
Thus, the Probability will be calculated as:
Probability=e^20/30
Probability=0.223
Therefore the Probability that after one employee arrives, the next one will arrive at least 3 minutes will be 0.223